Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2015

Accumulated Other Comprehensive Income Loss [Line Items]

Accumulated Other Comprehensive Income (Loss)

17. Accumulated Other Comprehensive Income (Loss)

(PPL and LKE)

The after-tax changes in AOCI by component for the periods ended September 30 were as follows.

		Foreign		Unrealized gains (losses)						Defined benefit plans
		currency		Available-				Equity		Prior		Actuarial		Transition
		translation		for-sale		Qualifying		investees'		service		gain		asset
		adjustments		securities		derivatives		AOCI		costs		(loss)		(obligation)		Total
PPL
June 30, 2015		$	(435)			$	2			$	(3)	$	(1,849)	$	1	$	(2,284)
Amounts arising during the period			52				(19)										33
Reclassifications from AOCI							10						35				45
Net OCI during the period			52				(9)						35				78
September 30, 2015		$	(383)			$	(7)			$	(3)	$	(1,814)	$	1	$	(2,206)
December 31, 2014		$	(286)	$	202	$	20	$	1	$	3	$	(2,215)	$	1	$	(2,274)
Amounts arising during the period			(97)		7		8				(6)		52				(36)
Reclassifications from AOCI					(2)		20		(1)				111				128
Net OCI during the period			(97)		5		28		(1)		(6)		163				92
Distribution of PPL Energy
	Supply (Note 8)				(207)		(55)						238				(24)
September 30, 2015		$	(383)	$		$	(7)	$		$	(3)	$	(1,814)	$	1	$	(2,206)
June 30, 2014		$	117	$	190	$	61	$	1	$	(4)	$	(1,764)	$	1	$	(1,398)
Amounts arising during the period			(48)		(1)		(5)						(1)				(55)
Reclassifications from AOCI					(3)		(12)				1		29				15
Net OCI during the period			(48)		(4)		(17)				1		28				(40)
September 30, 2014		$	69	$	186	$	44	$	1	$	(3)	$	(1,736)	$	1	$	(1,438)
December 31, 2013		$	(11)	$	173	$	94	$	1	$	(6)	$	(1,817)	$	1	$	(1,565)
Amounts arising during the period			80		18		(52)						(3)				43
Reclassifications from AOCI					(5)		2				3		84				84
Net OCI during the period			80		13		(50)				3		81				127
September 30, 2014		$	69	$	186	$	44	$	1	$	(3)	$	(1,736)	$	1	$	(1,438)

LKE
June 30, 2015	$	(1)	$	(7)	$	(44)	$	(52)
Reclassifications from AOCI						1		1
Net OCI during the period						1		1
September 30, 2015	$	(1)	$	(7)	$	(43)	$	(51)
December 31, 2014			$	(8)	$	(37)	$	(45)
Amounts arising during the period						(8)		(8)
Reclassifications from AOCI	$	(1)		1		2		2
Net OCI during the period		(1)		1		(6)		(6)
September 30, 2015	$	(1)	$	(7)	$	(43)	$	(51)
June 30, 2014			$	(2)	$	12	$	10
Net OCI during the period
September 30, 2014			$	(2)	$	12	$	10
December 31, 2013	$	1	$	(2)	$	14	$	13
Amounts arising during the period						(2)		(2)
Reclassifications from AOCI		(1)						(1)
Net OCI during the period		(1)				(2)		(3)
September 30, 2014	$		$	(2)	$	12	$	10

(PPL)

The following table presents the gains (losses) and related income taxes for reclassifications from AOCI for the periods ended September 30. The defined benefit plan components of AOCI are not reflected in their entirety in the statement of income during the periods; rather, they are included in the computation of net periodic defined benefit costs (credits). See Note 9 for additional information.

		Three Months				Nine Months				Affected Line Item on the
Details about AOCI		2015		2014		2015		2014		Statements of Income
Available-for-sale securities				$	7	$	4	$	11	Other Income (Expense) - net
Total Pre-tax					7		4		11
Income Taxes					(4)		(2)		(6)
Total After-tax					3		2		5
Qualifying derivatives
	Interest rate swaps	$	(2)		(5)		(9)		(12)	Interest Expense
							(77)			Discontinued operations
	Cross-currency swaps		(10)		12		22		(17)	Other Income (Expense) - net
			(1)				1		1	Interest Expense
	Energy commodities				8		20		30	Discontinued operations
Total Pre-tax			(13)		15		(43)		2
Income Taxes			3		(3)		23		(4)
Total After-tax			(10)		12		(20)		(2)
Equity investees' AOCI							2			Other Income (Expense) - net
Total Pre-tax							2
Income Taxes							(1)
Total After-tax							1
Defined benefit plans
	Prior service costs				(2)				(6)
	Net actuarial loss		(45)		(38)		(146)		(110)
Total Pre-tax			(45)		(40)		(146)		(116)
Income Taxes			10		10		35		29
Total After-tax			(35)		(30)		(111)		(87)
Total reclassifications during the period		$	(45)	$	(15)	$	(128)	$	(84)